2023-01-24 13:14:14

Bitcoin Jan. 24 daily chart alert - The uptrend is the bulls' friend

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Kitco NEWS
By Jim Wyckoff

Welcome to Kitco News' 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.

(Kitco News) - Bitcoin-U.S. dollar prices are a bit higher in early U.S. trading Tuesday and near this weeks four-month high. The BC bulls have the solid overall near-term technical advantage amid a steep price uptrend in place on the daily bar chart. That suggests more price upside is likely in the near term. Stay tuned!

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